Cherry Grove Market Report

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 Cherry Grove in South Carolina, is one of several communities of the city of North Myrtle Beach.  Cherry Grove Beach is the north end of the Grand Strand and is situated along coastal South Carolina midway between Charleston, SC and Wilmington, NC, and is flanked on the east by the Atlantic Ocean and the west by the Intracoastal Waterway. To the north and across the border are the neighboring coastal communities of Ocean Isle Beach, Sunset Beach, and Calabash. 

 Sea Mountain Highway is the only way into Cherry Grove Beach from U.S. 17. Cherry Grove Beach has many vacation rentals and residential homes.   Many new high rises, oceanfront condominiums and beach houses, and lining the serpentine channels and inlets away from the ocean you'll find rows of raised channel homes and villas. Cherry Grove residents and tourists pick this section of the Strand because they enjoy catching, cleaning and cooking their own seafood.  Cherry Grove has always had a strong real estate market.

 Cherry Grove with its natural beauty and abundant recreational opportunities is popular with families looking for a quieter, more family friendly vacation, but still close to all the entertainment and restaurants that the North Myrtle Beach area offers.

 If you are coming to Cherry Grove, SC because you've heard the weather is spectacular, you won't be disappointed. Spring, summer and fall are usually warm and sunny, and even the January daily average high temperature is 56 degrees!  Make Cherry Grove your next destination.  

 

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
5405 Heritage Dr. 4 3 3,100 $959,900 $309 85 days
503 55th Ave. N 4 4 3,200 $924,900 $289 92 days
6109 N Ocean Blvd. Unit D (4) 5 5 N/A $599,000 Unknown 34 days
306 58th Ave. N N/A N/A N/A $235,000 Unknown 370 days
2414 Park St. 3 2 1,300 $164,900 $126 47 days
Average: 4.0 3.5 2,533 $576,740 $241 125 days
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Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
4801 N Ocean Blvd. N Unit 2C 2 2 850 $184,900 $217 325 days
Average: 2.0 2.0 850 $184,900 $217 325 days
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Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
5700 North Ocean Blvd. Unit 1212 2 2 1,100 $284,900 $272,000 $247 54 days 4/7/20
Average: 2.0 2.0 1,100 $284,900 $272,000 $247 54 days
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Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2020 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.